Office · Fort Wayne, Indiana
Dupont Office Center, Fort Wayne (2028 maturity)
Dupont Office Center is financed with a $4.5M CMBS loan at 5.20% that reaches maturity on December 6, 2028, in 2 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,460,531
- Original balance (same notes)
- $5,100,000
- Interest rate
- 5.20% fixed
- Originated
- November 28, 2018
- Maturity
- December 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- October 5, 2028
- Master servicer
- Trimont LLC
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 9910 Dupont Circle Drive, Fort Wayne, IN 46825
- Metro
- Fort Wayne, IN
- Rentable area
- 67,922 sq ft
- Built
- 2001
- Largest tenants
- Cooper; RAYMOND JAMES; Progressive Casualty
- Value at securitization
- $7.5M (Oct 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.81x | 1.56x |
| Occupancy | 91% | 94% |
| Net operating income (annualized from 6 months) | $608K | $527K |
| Debt yield | 11.8% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BENCHMARK 2019-B9 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- Coverage down 0.25x or more from securitization
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 13% below the underwritten figure ($527K a year against $608K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.81x at securitization to 1.56x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.5M | Current | No | 1.56x | 94% |
| August 2026 | $4.5M | Current | No | 1.56x | 94% |
| July 2026 | $4.5M | Current | No | 1.64x | 84% |
| June 2026 | $4.5M | Current | No | 1.64x | 84% |
| May 2026 | $4.5M | Current | No | 1.64x | 84% |
| April 2026 | $4.5M | Current | No | 1.60x | 84% |
| March 2026 | $4.5M | Current | No | 1.62x | 79% |
| February 2026 | $4.5M | Current | No | 1.62x | 79% |
| January 2026 | $4.5M | Current | No | 1.62x | 79% |
| December 2025 | $4.5M | Current | No | 1.62x | 79% |
| November 2025 | $4.5M | Current | No | 1.62x | 79% |
| October 2025 | $4.6M | Current | No | 1.80x | 79% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BENCHMARK 2019-B9 MORTGAGE TRUST | 42 | $4,460,531 | Sep 2026 | SEC filing, September 30, 2026 |
Other Fort Wayne loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hilton Garden Inn | Fort Wayne, IN | Hotel | $14.5M | 4.74% | Sep 2028 | n/a | n/a | Current |
| Candlewood Suites Fort Wayne | Fort Wayne, IN | Hotel | $3.4M | 5.77% | Feb 2028 | 3.31x | 86% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.